Is Carnival Stock a Good Investment?
Carnival Investment Advice | CCL |
- Examine Carnival's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Carnival's leadership team and their track record. Good management can help Carnival navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Resorts & Cruise Lines space and any emerging trends that could impact Carnival's business and its evolving consumer preferences.
- Compare Carnival's performance and market position to its competitors. Analyze how Carnival is positioned in terms of product offerings, innovation, and market share.
- Check if Carnival pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Carnival's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Carnival stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Carnival is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Carnival Stock
Researching Carnival's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 65.0% of the company shares are held by institutions such as insurance companies. The book value of Carnival was currently reported as 7.07. The company has Price/Earnings To Growth (PEG) ratio of 1.41. Carnival last dividend was issued on the 20th of February 2020. The entity had 2:1 split on the 15th of June 1998.
To determine if Carnival is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Carnival's research are outlined below:
| Carnival generated a negative expected return over the last 90 days | |
| Carnival has 28.88 B in debt with debt to equity (D/E) ratio of 4.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Carnival has a current ratio of 0.64, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Carnival to invest in growth at high rates of return. | |
| About 65.0% of Carnival shares are held by institutions such as insurance companies |
Carnival uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Carnival. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Carnival's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 24th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 19th of December 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
Carnival's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 31.95 B.Carnival's profitablity analysis
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.09 %, which entails that for every 100 dollars of revenue, it generated $0.09 of operating income.Determining Carnival's profitability involves analyzing its financial statements and using various financial metrics to determine if Carnival is a good buy. For example, gross profit margin measures Carnival's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Carnival's profitability and make more informed investment decisions.
Basic technical analysis of Carnival Stock
As of the 26th of February, Carnival shows the Standard Deviation of 2.44, mean deviation of 1.79, and Risk Adjusted Performance of (0.02). Carnival technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Carnival information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Carnival is priced correctly, providing market reflects its regular price of 23.63 per share. Given that Carnival has information ratio of (0.04), we suggest you to validate Carnival's prevailing market performance to make sure the company can sustain itself at a future point.Carnival's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Carnival insiders, such as employees or executives, is commonly permitted as long as it does not rely on Carnival's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Carnival insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Enrique Miguez over a month ago Disposition of 1570 shares by Enrique Miguez of Carnival at 17.0456 subject to Rule 16b-3 | ||
Randall Weisenburger over a year ago Purchase by Randall Weisenburger of 100000 shares of Carnival | ||
Randall Weisenburger over a year ago Carnival exotic insider transaction detected | ||
Stuart Subotnick over a year ago Exercise or conversion by Stuart Subotnick of 1200 shares of Carnival subject to Rule 16b-3 |
Carnival's Outstanding Corporate Bonds
Carnival issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Carnival uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Carnival bonds can be classified according to their maturity, which is the date when Carnival has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Carnival's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Carnival's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (3,083) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 14.0 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.19 | |||
| Skewness | 0.4229 | |||
| Kurtosis | 2.07 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (3,083) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 14.0 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.19 | |||
| Skewness | 0.4229 | |||
| Kurtosis | 2.07 |
Consider Carnival's intraday indicators
Carnival intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Carnival stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Carnival time-series forecasting models is one of many Carnival's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Carnival's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Carnival Stock media impact
Far too much social signal, news, headlines, and media speculation about Carnival that are available to investors today. That information is available publicly through Carnival media outlets and privately through word of mouth or via Carnival internal channels. However, regardless of the origin, that massive amount of Carnival data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Carnival news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Carnival relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Carnival's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Carnival alpha.
Carnival Corporate Directors
| Randall Weisenburger | Non-Executive Independent Director | Profile | |
| Jeffrey Gearhart | Non-Executive Independent Director | Profile | |
| John Parker | Non-Executive Independent Director | Profile | |
| Richard Glasier | Non-Executive Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival's market value can be influenced by many factors that don't directly affect Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Carnival's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.